Indonesia secures 19% tariff deal with US, palm oil and other commodities exempt - Reuters

<a href="https://news.google.com/rss/articles/CBMiwgFBVV95cUxQdld0elJlakRDRWNvMWoxUmF6NklxZnpueEtfT21QVE15dkdPcXo4NkpSMHNQdkREOEVGN2lDSFYzVEF2MmRKcVBud1Y1TjlpbEN3ME82NVVQOTdNTGpNWWxXdldxN1BXcXRkZGFCajVIS3NxX0p3RWF3T2hWcE14SVFSMVl6d1MwWjdkUXlORm5YU2tCVFZjZXlBMlNvRmNvSHZxMGhpbkEtMkI1dU1lYW9adnFjeDZEYVZ0T1ZBbDUtdw?oc=5" target="_blank">Indonesia secures 19% tariff deal with US, palm oil and other commodities exempt</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

During a visit to Washington for the first meeting of President Donald Trump's Board of Peace, Indonesian President Prabowo Subianto secured a significant trade agreement with the United States. The deal involves Indonesia eliminating tariffs on 99% of U.S. goods, while the U.S. will maintain tariffs of 19% on most Indonesian goods—similar to rates imposed on Cambodia and Malaysia. Indonesia also agreed to lift non-tariff barriers and export restrictions on critical minerals and other industrial commodities. Complementing this, both nations struck 11 trade and investment deals worth $38.4 billion, including U.S. exports of agricultural products and joint ventures in critical minerals and computer chips.

Indonesia secured tariff exemptions for palm oil, coffee, cocoa, rubber, and spices, but faces restrictions on textiles and mining sectors under the new trade deal with the U.S.

Indonesia and the U.S. finalized a reciprocal trade agreement, with Indonesia securing a 19% tariff rate and exemptions for key commodities like palm oil, coffee, cocoa, and spices.

Indonesia and the U.S. finalized a trade deal reducing U.S. tariffs to 19% from 32%, with Indonesia securing exemptions for palm oil and other key commodities.

Indonesia and the U.S. signed a trade deal finalizing a 19% tariff rate, with exemptions for commodities like coffee, cocoa, and palm oil.